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[EARNINGS CALL] SAP (SAP GY) says AI was the main driver of customers' cloud migration in Q3, with Business AI, Data and Platform driving cloud revenue growth of 25% at constant currencies, while current cloud backlog rose 26% to EUR 24.1bln
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SAP’s Q3 headline attributes customer cloud migration mainly to AI, reports 25% constant-currency cloud revenue growth, and puts current cloud backlog at EUR 24.1 billion, up 26%.
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